RR Donnelley to Pursue New Blockchain-Enabled Capabilities for Publishing Industry
March 14 2016 - 5:30AM
R. R. Donnelley & Sons Company (Nasdaq:RRD)
announced today that it is teaming with Context Labs (CXL) to
pursue leading-edge, blockchain-enabled technology for its global
publishing customers. The companies have extended their strategic
relationship to further integrate the CXL platform technology
within RR Donnelley’s Print-to-Digital supply chain solutions.
“RR Donnelley has continually invested in new technologies,
proactively leading and evolving our company through ongoing
disruptions in communications channels for over 150 years. We look
forward to bringing these innovative and state-of-the-art
technologies and capabilities to our customers,” commented Thomas
J. Quinlan III, President and Chief Executive Officer of RR
Donnelley. “This new offering from CXL, using blockchain
technology, has great potential to deliver extended consumer reach
for publishers while reducing their supply-chain costs and
providing them with deep, direct, and secure relationships with the
consumers who purchase their products.”
“RR Donnelley, with its global footprint, is uniquely positioned
to bring this level of digital transformation to publishers,
enabling them to more seamlessly and securely reach their
customers. Using this digital technology, we feel that RR Donnelley
can leverage its scale in the market to enhance the economics for
its customers,” commented Dan Knotts, Chief Operating Officer at RR
Donnelley.
“The mission at Context Labs is to provide platform solutions
that enable publishers to reach consumers with less friction,
reduce their channel costs, and provide better direct one-on-one
customer relationships. The strategic relationship with RR
Donnelley, a leader in publishing supply chain solutions, brings
the key capabilities of our platform technology products
(Chainplate Foundation™ for Publishing, Snapshackle™ for
Publishing, coupled with VUEgraph Analytics™) to RR Donnelley’s
large, global customer base,” commented Dan Harple, Chief Executive
Officer of CXL. “Blockchain technology has been evolving for
several years and is now becoming integrated into work flows in
supply chains and financial tech. We are delighted with RR
Donnelley’s decision to pursue these technologies for the
publishing sector to enhance the role of publishers with the end
consumers, at global scale.”
About RR DonnelleyRR Donnelley (Nasdaq:RRD)
helps organizations communicate more effectively by working to
create, manage, produce, distribute and process content on behalf
of our customers. The company assists customers in developing and
executing multichannel communication strategies that engage
audiences reduce costs, drive revenues and increase compliance. RR
Donnelley’s innovative technologies enhance digital and print
communications to deliver integrated messages across multiple media
to highly targeted audiences at optimal times for clients in
virtually every private and public sector. Strategically located
operations provide local service and responsiveness while
leveraging the economic, geographic and technological advantages of
a global organization.
For more information, and for RR Donnelley's Global Social
Responsibility Report, visit the company's web site
at http://www.rrdonnelley.com.
About Context Labs
Context Labs, with offices in Cambridge, MA and Amsterdam, The
Netherlands, provides enterprise grade platform solutions that help
customers develop new channels to market, reducing channel
friction, while concurrently retaining and growing direct customer
relationships. The company achieves this by delivering platform
innovation integrating secure distributed and shared ledgers
(Blockchain), network graph analytics and visualizations, data
interoperability, trusted identity management, and micro-payment
enablement. The platform consists of Chainplate Foundation™,
Snapshackle Interoperability™, and VUEgraph Analytics™.
Use of Forward-Looking StatementsThis news
release may contain "forward-looking statements" within the meaning
of Section 21E of the Securities Exchange Act of 1934, as amended,
and the U.S. Private Securities Litigation Reform Act of 1995.
Readers are cautioned not to place undue reliance on these
forward-looking statements and any such forward-looking statements
are qualified in their entirety by reference to the following
cautionary statements. All forward-looking statements speak only as
of the date of this news release and are based on current
expectations and involve a number of assumptions, risks and
uncertainties that could cause the actual results to differ
materially from such forward-looking statements. Readers are
strongly encouraged to read the full cautionary statements
contained in RR Donnelley's filings with the SEC. RR
Donnelley disclaims any obligation to update or revise any
forward-looking statements.
Contact Information
RR Donnelley
Media:
Phyllis Burgee, Director Communications
630-322-6093
phyllis.burgee@rrd.com
Investors:
Dave Gardella, Sr. Vice President Finance
312-326-8155
david.a.gardella@rrd.com
Context Labs
Web: www.contextlabs.com
Twitter: @contextlabsbv
E-mail: press@contextlabs.com
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